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Meridian Energy: National Hydrogen Storage Surged in Month to Oct. 5

By Sabela Ojea


New Zealand-based Meridian Energy has seen a rise in hydrogen storage levels from September to October amid lower demand for electricity.

The hydroelectric power generation company said that in the month to Oct. 5 national hydro storage rose to 116% of historical levels from 83%.

Last month was the warmest September on record in New Zealand, with national electricity demand declining 1.7% when compared with the same period a year earlier.


Write to Sabela Ojea at; @sabelaojeaguix


(END) Dow Jones Newswires

October 16, 2023 16:28 ET (20:28 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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